On the basis of the decision of the Government of India, the interest rates for Small Savings Schemes are to be notified on Quarterly Basis with the approval of the Union Finance Minister. Accordingly, the Rates of Interest on various Small Savings Schemes for the Third Quarter of the Current Financial Year 2018-19 starting 1st October, 2018, and ending on 31st December, 2018 have been announced. The Rates of Intereston the basis of the interest compounding/payment built-in in the Schemes, shall be as under:
| Instrument | Rate of interest w.r.t. 01.07.2018 to 30.09.2018 | Rate of interest w.r.t. 01.10.2018 to 31.12.2018 | Compounding frequency* |
| Savings Deposit | 4.0 | 4.0 | Annually |
| 1 Year Time Deposit | 6.6 | 6.9 | Quarterly |
| 2 Year Time Deposit | 6.7 | 7.0 | Quarterly |
| 3 Year Time Deposit | 6.9 | 7.2 | Quarterly |
| 5 Year Time Deposit | 7.4 | 7.8 | Quarterly |
| 5 Year Recurring Deposit | 6.9 | 7.3 | Quarterly |
| 5 Year Senior Citizen Savings Scheme | 8.3 | 8.7 | Quarterly and paid |
| 5 Year Monthly Income Account | 7.3 | 7.7 | Monthly and paid |
| 5 Year National Savings Certificate | 7.6 | 8.0 | Annually |
| Public Provident Fund Scheme | 7.6 | 8.0 | Annually |
| KisanVikasPatra | 7.3 (will mature in 118 months) | 7.7 (will mature in 112 months) | Annually |
| SukanyaSamriddhi Account Scheme | 8.1 | 8.5 | Annually |
* No Change
